Cardano Leads Slumps As Large Cryptocurrencies Start Mixed

Dow Jones
03-07

This article was automatically generated by MarketWatch using technology from Automated Insights.

Large cryptocurrencies were mixed during U.S. morning trading on Friday, with Cardano seeing the biggest move, declining 4.30% to 87 cents.

Dogecoin led the increases with a 2.44% climb to 21 cents.

Two other currencies posted drops Friday. XRP fell 2.62% to $2.53, and Avalanche declined 1.14% to $20.89.

In addition to Dogecoin, five other cryptocurrencies saw increases. Tronix increased 2.20% to 25 cents, and Solana climbed 1.52% to $146.09.

Bitcoin climbed 0.88% to $90,300.10, and Sui rose 0.65% to $2.81.

Ethereum , which saw the smallest increase, rose 0.56% to $2,218.31.

In crypto-related company news, shares of Coinbase Global Inc. rose 1.32% to $217.00, while MicroStrategy Inc. fell 1.57% to $299.35. Riot Platforms Inc. shares rose 0.12% to $8.13, and shares of MARA Holdings Inc. climbed 0.36% to $15.15.

Block Inc. rose 0.64% to $60.19 and Tesla Inc. slipped 1.00% to $260.82.

PayPal Holdings Inc. rose 0.35% to $68.32, and Ebang International Holdings Inc. shares fell 2.39% to $4.49. NVIDIA Corp. rose 1.27% to $111.97, and Advanced Micro Devices Inc. slid 0.30% to $98.55.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF rose 1.29% to $40.88. The Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, increased 1.14% to $14.70.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 07, 2025 10:00 ET (15:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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